Bulls Waive Rookie Jaden Ivey

The No. 5 overall pick from 2022 was acquired in a midseason trade.

Mar. 30, 2026 at 9:41pm

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A cubist, geometric painting depicting a basketball player in mid-jump shot, with the figure broken down into overlapping planes of navy, red, and gold.The Bulls' decision to waive Jaden Ivey, their high draft pick, signals a shift in the team's rebuilding strategy.Chicago Today

The Chicago Bulls have reportedly waived shooting guard Jaden Ivey, who they acquired in a February trade with the Detroit Pistons. Ivey was the No. 5 overall pick in the 2022 NBA Draft.

Why it matters

Ivey was considered a promising young talent, so his release raises questions about the Bulls' roster strategy and development plans. The move also impacts the Pistons, who sent Ivey to Chicago in a three-team deal.

The details

The Bulls acquired Ivey in February along with veteran Mike Conley in a trade that sent Kevin Huerter and Dario Šarić to the Pistons. However, the team has now decided to part ways with both Ivey and Conley as they continue to reshape their roster.

  • Ivey was drafted by the Pistons with the No. 5 overall pick in the 2022 NBA Draft.
  • The Bulls acquired Ivey in a three-team trade on February 9, 2026.
  • The Bulls have now reportedly waived Ivey on March 30, 2026.

The players

Jaden Ivey

A 22-year-old shooting guard who was the No. 5 overall pick in the 2022 NBA Draft.

Chicago Bulls

An NBA team based in Chicago, Illinois.

Detroit Pistons

An NBA team based in Detroit, Michigan.

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What’s next

It's unclear if another NBA team will claim Ivey off waivers or if he will become a free agent. The Bulls' roster moves will continue to be monitored as they look to rebuild their team.

The takeaway

Ivey's release by the Bulls is a surprising move for a recent high draft pick, raising questions about the team's player development and roster strategy as they try to rebuild.